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Saipem (OTCMKTS:SAPMF) Trading Up 1.8% - Time to Buy?

Saipem logo with Energy background

Shares of Saipem (OTCMKTS:SAPMF - Get Free Report) traded up 1.8% during mid-day trading on Friday . The stock traded as high as $2.78 and last traded at $2.77. 375 shares changed hands during trading, an increase of 96% from the average session volume of 191 shares. The stock had previously closed at $2.72.

Saipem Price Performance

The company has a 50-day moving average of $2.60 and a 200-day moving average of $2.43.

Saipem Company Profile

(Get Free Report)

Saipem SpA provides energy and infrastructure solutions worldwide. The company operates through Asset Based Services, Offshore Drilling, and Energy Carriers segments. It offers development of subsea fields and pipelaying; installation and lifting of offshore structures; and engineering, implementation, installation, maintenance, modification, and decommissioning activities.

Further Reading

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